Australian named first woman to lead NZ Treasury
By Pattrick Smellie June 25 (BusinessDesk) - The head New South Wales' training agency, TAFE, has been appointed secretary to the New Zealand Treasury. Caralee McLiesh will replace Gabriel Makhlouf, who leaves at the end of this month after eight years at the helm of the co...
Security guards, cleaners and supermarket workers nominated for first Fair Pay Agreements
By Pattrick Smellie June 25 (BusinessDesk) - Peak trade unions are targeting security guards, supermarket workers and cleaners as the first lowly-paid sectors where new legislation to create nationally binding, sector-wide Fair Pay Agreements should be used. Some 44,000 peo...
Ardern backs Twyford as Thursday Cabinet reshuffle looms
By Pattrick Smellie June 24 (BusinessDesk) - Prime Minister Jacinda Ardern went out of her way to defend the record of Housing and Urban Development Minister Phil Twyford while announcing her "relatively minor" Cabinet portfolio reshuffle will be unveiled on Thursday. Twyfo...
Deposit protection reduces case for RBNZ's bank capital increases, Robertson hints
By Pattrick Smellie June 24 (BusinessDesk) - A bank deposit protection scheme may help defuse the battle between the Reserve Bank and the country's biggest trading banks over how much extra capital they should have to hold on their balance sheets, Finance Minister Grant Robert...
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